Pay jumps as job vacancies proceed to fall | EUROtoday

Pay progress has picked up for the primary time in additional than a yr, in keeping with the newest official figures.

Regular pay, which excludes bonuses, grew at an annual tempo of 5.2% between August and October, the Office for National Statistics (ONS) mentioned.

The variety of job vacancies within the UK fell once more, however nonetheless stays above pre-pandemic ranges.

The unemployment charge was unchanged at 4.3%, though there are questions over the reliability of the roles figures from the ONS because of points with the way it gathers the info.